BTC/USD chart - Trading View
Exchange - Coinbase
Support: 7683 (23.6% Fib); Resistance: 8359 (5-DMA)
Technical Analysis: Bias Bearish
BTC/USD extends weakness for the second straight session, slips below $8000 mark.
The pair was trading at 7880, down 2.8% at 08:30 GMT, bias remains bearish.
Price action has broken strong support at 21-EMA, close below will confirm further downside.
'Bearish divergence' on RSI and stochs adds to the downside bias.
Stochs and RSI are sharply lower and MACD shows bearish crossover on signal line.
The pair is holding above 7700, just shy of 23.6% Fib at 7683. Break below eyes next major support at 55-EMA at 6900.
Failure to close below 21-EMA will see consolidation around current levels.
For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.


FxWirePro: EUR/NZD steadies ahead of ECB meeting
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook
FxWirePro: NZD/USD dips as stronger U.S. dollar offsets NZ Q3 GDP surprise
FxWirePro: USD/ZAR neutral in the near-term, scope for downward resumption
FxWirePro:GBP/NZD recovers ground after early dip, bias bullish
EUR/JPY Holds Bullish Bias Post-ECB Pause: Buy Dips Toward 185 as 182 Support Stands Firm
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains
FxWirePro: GBP/AUD dive post-CPI short-lived as traders prepare for BoE decision
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92
FxWirePro- Major Crypto levels and bias summary 



